Estate planning involves a great deal more than preparing a will.
A successful estate plan is one which contemplates several areas
of the law and properly integrates them with the family dynamics
of the individual. Our attorneys are experienced professionals with
several years experience in both the legal and accounting professions.
This unique professional background provides our estate planning
clients with a comprehensive estate planning service that incorporates
the various tax, probate and succession planning issues inherent
in every estate plan. Our attorneys recognize that many issues may
play a role in a client's estate plan and as a result, each plan
must be as individualized as the person for whom its drafted. Our
attorneys counsel and advise our estate planning clients on a variety
of issues, including:
Wealth Succession Planning. Innello & Company's attorneys
analyze a client's dispositive scheme from several different angles,
including taxation, administration and distribution issues. A
properly drafted estate plan typically includes the following
documents: (i) Wills; (ii) Trusts; (iii) Durable Powers of Attorney;
(iv) Health Care Proxies; and (v) Living Wills.
Guardianship Issues. Our attorney's counsel and advise
clients regarding the proper arrangements for the care and custody
of their minor children, children with special needs, or adult
parents requiring continued care.
Income, estate and gift tax issues. Innello & Company
provides its estate planning clients with various planning suggestions
and advice involved in wealth transfers. This advice can include
a structured gifting plan utilizing the annual gift tax exemption
or the utilization of an individual's unified credit. Out attorney's
carefully analyze the income tax, gift and estate tax implications
of various wealth transfer transactions and provide our client's
with the best possible solution.
Elder Law Planning. Our attorneys effectively integrate
the unique issues faced by elderly clients with those of the typical
estate plan. These issues often include advise regarding Medicaid
eligibility requirements and transfer of wealth issues effecting
eligibility.